
Garden Grove, California 92840
This Multi-Generational Compound represents a Strong Value Opportunity, listed at $1,749,000—positioned above the $1,657,825 Fair Market Value. Despite the premium, the property offers a robust $7,700 monthly rental income from its 8-bedroom, 5-bathroom configuration. Featuring a Mint Condition Rating, the home includes a newly added 800 sq. ft. unit, 3-car garage, and RV parking on a massive 9,888 sq. ft. corner lot. This is an ideal acquisition for Buy-and-Hold Investors or Multi-Generational Families seeking immediate cash flow and expansive living capacity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12582 Safford Subject | $1,749,000* List Price | 8 | 5 | 3,193 | $519 | - |
A 11552 Stanford Sold | $1,435,000 | 6 | 4 | 3,500 | $410 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a newly added 800 sq. ft. unit and a main residence with three fully remodeled bathrooms. The description of the home as 'beautifully expanded and upgraded' along with the high rental income suggests recent, high-quality renovations (likely within the last 5 years) and modern systems, meeting the criteria for mint condition.
The property generates a combined monthly rental income of $7,700 from the main residence and the newly added unit, making it an exceptional opportunity for investors or multi-generational buyers.
Situated on a premium 9,888 sq. ft. corner lot, the property offers rare amenities including a 3-car garage, dedicated RV parking, and significant outdoor space for recreation or further development.
With a total of 8 bedrooms and over 3,100 sq. ft. of living space, the home features unique architectural details like open-beam ceilings and dual fireplaces, catering to large families or high-occupancy needs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9888, other record lot size in square feet = 10072. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3193, other record living area = 1993. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 4.
The property does not offer any significant views, which may limit its appeal to buyers prioritizing aesthetic vistas or natural surroundings.
Originally built in 1955, the main residence may require more intensive maintenance of older core systems compared to modern constructions, despite recent upgrades and expansions.
Welcome to this beautifully expanded and upgraded home situated on a premium, oversized corner lot. Whether you are an investor looking for immediate cash flow or a buyer seeking a sprawling multi-generational compound, this property delivers. The Main Residence offers an expansive 2,393 sq. ft. of living space with 6 spacious bedrooms, 3 beautifully remodeled bathrooms, and a 3-car garage. You will be captivated by the architectural details, including a massive living room with rich wood paneling, open-beam ceilings, and a cozy indoor wood-burning fireplace. A secondary, huge family room offers an additional gas fireplace and flexible living space. This main home currently leases for an impressive $5,350/mo. The Newly Added Unit is a thoughtfully designed 800 sq. ft. space featuring 2 bedrooms and 2 bathrooms, currently commanding $2,350/mo in lease income. Outside, the large lot provides incredible potential with a relaxing patio area, a private entrance sitting area, and highly coveted RV parking in the rear.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 3.6 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,193 | 1,574.458 |
| Lot Size | 9,888 | 7,206.15 |
| Price | $1.75M | $1.09M |
| Price per sq ft | $548 | $723 |
| Built year | 1955 | 1957 |
| HOA | $0 | $227 |
| Days on market | 11 | 43 |
Aug 29, 2026
$1,749,000
Initial Listing
Sep 25, 2019
$695,000
Public Record